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Old 07-11-2006, 01:02 PM   #1
bathurst77
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Default Muscle Car Prices

So, how much do you think a "HO" worth?

...guess again...

At the Sydney Motor Show a HK 327 Monaro went for $220,000
Now this was an imaculate one owner job, but not THAT special.

So half a million for an imaculate Bathurst HO ph3 or one of those phase 4s just HAS to be on the cards.

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Old 07-11-2006, 01:10 PM   #2
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A few HO's have sold for over the 400,000 mark with another for over 700k (race HO)

Can only speculate what a pahse 1V would go for as one has never changed hands for who knows when



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Old 07-11-2006, 01:47 PM   #3
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Quote:
Originally Posted by bathurst77
So, how much do you think a "HO" worth?

...guess again...

At the Sydney Motor Show a HK 327 Monaro went for $220,000
Now this was an imaculate one owner job, but not THAT special.

So half a million for an imaculate Bathurst HO ph3 or one of those phase 4s just HAS to be on the cards.
What it comes down to is not what the car is worth, but what the prospective buyer thinks the car is worth. At the end of the day only a small % of the dollars spent buying a car like that is for the car itself. Not sure the best way to put it but i'm hoping someone will come along and half agree with me and put it beter :P. Lets say, the car is worth x dollars, but actually 'owning' the car is worth 4x dollars.
Some year 10 maths there haha.

I think that sort of gets the point i was trying to make across, if anyone thinks they can do it beter feel free to elaborate on my point, or even correct me if ya think i missed the point.

Pat
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Old 07-11-2006, 01:53 PM   #4
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Quote:
Originally Posted by Longreach
What it comes down to is not what the car is worth, but.........

Pat
You did get it right.

Basically the market determines the value of the vehicle.
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Old 07-11-2006, 04:30 PM   #5
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Quote:
Originally Posted by XA Coupsta
You did get it right.

Basically the market determines the value of the vehicle.
But the purchase price, which may be well over the current market value of the car, really depends on how much someone is prepared to pay for it. Most importantly is getting that right person to notice its for sale and become interested in it.

In other words, it only needs one person to reach the asking price, or two at an auction to reach the reserve and go well over that.

Last edited by Silver Ghia; 07-11-2006 at 04:41 PM.
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Old 07-11-2006, 04:38 PM   #6
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sentimental value may contribute as well.
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Old 07-11-2006, 04:43 PM   #7
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My old E49 Charger just sold for $95,000.
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Old 07-11-2006, 05:10 PM   #8
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Quote:
Originally Posted by Silver Ghia
But the purchase price, which may be well over the current market value of the car, really depends on how much someone is prepared to pay for it.
Exactly - so I think we are arguing the same thing. The market (the buyer(s)) determine how much the purchase price is.

So what if someone thinks it is worth X amount. If the buyers will only pay Y amount - the car is worth Y.
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Old 07-11-2006, 06:02 PM   #9
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the car is only worth as much as the buyer will pay
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Old 07-11-2006, 06:19 PM   #10
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i read in the last performance ford mag that rod mann sold his phase 4 to bowden and bought a stang, is this true??
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Old 07-11-2006, 07:57 PM   #11
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Why am I getting a feeling of 1986 deja-vu?
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Old 07-11-2006, 09:28 PM   #12
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i knew he sold it once and got it back.( just from my dreadful memory), but this sounded recent.reading one of my 2 mint copys of super ford vol 1, mann bought it off bowden in 86.bowden bought it of keith goodall in 73,sold it in 75 and bought it back in 1980, then bought it off mann in 1999 again. i got confused as mann owned it in the doco "the legend- falcon gt"
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Old 07-11-2006, 09:29 PM   #13
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or whatever its called
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Old 08-11-2006, 03:23 AM   #14
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Well Bowden has just bought out the whole Dic Johnson collection. Yep all of it!
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Old 08-11-2006, 07:21 AM   #15
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Quote:
Originally Posted by mcnews
My old E49 Charger just sold for $95,000.
Nice to see Mopars finally being acknowledged as somewhat equals of Ford/Holden musclecars ..
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Old 08-11-2006, 08:26 AM   #16
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An aquaintance of mine has a genuine Phase 111 HO on blocks for the last 16 years in a shed on the family farm. It was bought by his father new and used as the family hack, it's done 250,000 kms and the paint is crazed. His father gave it to him but he's leaving it where it is as superannuation and will restore it and sell it when he retires.
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Old 08-11-2006, 09:41 AM   #17
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just remember Ho's were worth around $100000 in boom of late 80's then after stock market correction they dropped back to $50000,now they are up there again and have reached unimaginable prices, when we have another crash in world stock markets ,who knows what will happen ,
thats life in our big brown land, markets change all the time.
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